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Dec 7, 2012
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what do these numbers mean and what do they portend for the fiscal cliff negotiations? >> it strengthens the president's hand. it was a good number, not great, because of some of the revisions we saw to previous months but the president can tout a record of job creation, so that's encouraging. the unemployment rate went down to 7.7% for some of the wrong reasons. a lot of people left the labor force. that's not something you want to see. you want to see more people coming into the labor force, encouraged that they have a chance at getting a job. nonetheless, 146,000 jobs created. that's good for the president. gives him a chance to go out there and have some momentum going into the fiscal cliff talks. i was just at the speaker's press conference down the hall at the top of last hour and he said look, there's no progress being made and his call with the president was just more of the same and the staff talks behind the scenes yesterday were more of the same. he didn't give us a whole lot of optimism going into this weekend here, alex. >> here's my question. i have many q
what do these numbers mean and what do they portend for the fiscal cliff negotiations? >> it strengthens the president's hand. it was a good number, not great, because of some of the revisions we saw to previous months but the president can tout a record of job creation, so that's encouraging. the unemployment rate went down to 7.7% for some of the wrong reasons. a lot of people left the labor force. that's not something you want to see. you want to see more people coming into the labor...
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Dec 12, 2012
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this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> okay then. the speaker's office responded with a deal of its own. yesterday it included precisely the same amount of revenue from the original proposal, $800 billion, which indicates there may have been concessions else where. a democratic source close to the white house tells nbc news the proposal included a permanent extension of the bush tax cuts. that is highly unlikely to fly, given the hard line the president has taken on tax rates and what he told barbara walters in an interview airing this friday on "20/20." >> taxes are going to go up one way or
this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue....
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Dec 5, 2012
12/12
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to understand what's going on during the hopeless fiscal cliff negotiations rewind to 2011 when boehner and president obama came within inches of a grand bargain, a deal that would have forced both democrats and republicans to eat their vegetables. in its comprehensive analysis of what happens during the secret negotiations, matt bai wrote -- the deal unraveled in large part because speaker boehner could not get his unruly caucus to go along with raising new revenue. fast forward to this year and republicans now think that deal, the one they walked away from, sounds pretty good. they're using it as a basis for their current proposal. only problem. boehner had his chance. president obama now thinks he has the upper hand. according to the "washington post's" ezra klein, quote -- >> joining us now representative chris van hollen of maryland, ranking member of the house budget committee. great to have you on the program. >> great to be with you, alex. >> let's talk a little bit about 2011 versus 2012, which is to say, the republican party is a very different negotiating position than they w
to understand what's going on during the hopeless fiscal cliff negotiations rewind to 2011 when boehner and president obama came within inches of a grand bargain, a deal that would have forced both democrats and republicans to eat their vegetables. in its comprehensive analysis of what happens during the secret negotiations, matt bai wrote -- the deal unraveled in large part because speaker boehner could not get his unruly caucus to go along with raising new revenue. fast forward to this year...
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Dec 6, 2012
12/12
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cliff negotiations. on the line, food stamps and unemployment insurance. this week, prominent members of both parties urged the white house and speaker boehner to include the expired farm bill in their discussions arguing it could help in the push to reduce the deficit. the problem, stalled proposals to replace the expired program include billions of dollars in cuts to food stamps. the senate bill would shave $4.5 billion from the program over ten years. the house version would slash $16 billion over the same time period. the congressional budget office estimates the house bill would throw upwards of $3 million people off the food stamp roles and hundreds of thousands of children denied free school lunches. needless to say the cuts could not come at a worst time for recipients. as of august, 47 million people americans relied on food stamps to keep from going hungry up from 31 million just four years ago. joining me on set, the author of "the juice," and in the nation's capitol, cnbc's chief washington c
cliff negotiations. on the line, food stamps and unemployment insurance. this week, prominent members of both parties urged the white house and speaker boehner to include the expired farm bill in their discussions arguing it could help in the push to reduce the deficit. the problem, stalled proposals to replace the expired program include billions of dollars in cuts to food stamps. the senate bill would shave $4.5 billion from the program over ten years. the house version would slash $16...
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Dec 11, 2012
12/12
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. >> that was speaker of the house john boehner making remarks on the status of the fiscal cliff negotiations. jim, not giving us a ton to chew on there other than talking about a sea of red i think as far as the eye can see and the lack of seriousness. >> sharp ability to cut to the real matter. i think people are scratching their head at why we just had to watch that. >> you never know. there has been silence, right? there has been silence for the last two days, so perhaps, as david corn suggested to me earlier in makeup, this is boehner's bid to get some air time. >> yes. >> i think the story is pretty simple. the republicans are going to keep saying that every single day, and the president is going to keep saying raise taxes every single day until behind the scenes the two of them get a deal. i am still an optimist that they will get a deal. i think it's manifestly in both of their self interests. i don't think the president's hand is as strong as he thinks it is, and i think boehner has much more incentive than he leads on to figure out a way to get a deal to avert this. neither of these
. >> that was speaker of the house john boehner making remarks on the status of the fiscal cliff negotiations. jim, not giving us a ton to chew on there other than talking about a sea of red i think as far as the eye can see and the lack of seriousness. >> sharp ability to cut to the real matter. i think people are scratching their head at why we just had to watch that. >> you never know. there has been silence, right? there has been silence for the last two days, so perhaps,...
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Dec 10, 2012
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the fiscal cliff issues, et cetera. let the speaker do what the speaker does best, and that's negotiate his deal. >> the other michael steele, in this town, which is to say speaker boehner, one of his spokes people, released this tidbit of information, and i stress the word tidbit because it is ever so small. discussions with the white house are taking place, but we have no detail to share about the substance of those conversations. the republican offer made last week remains a republican offer, and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. when they are in a room together, do they stare at each other and not talk? presumably like some words are communicated and there is some ball moving somewhere if not forward then to the side? >> i'm going to twitch my eye a little bit. you're going to have to guess which entitlement i'm talking about. i think that's the case. i mean, it seems like part of the boehner stra
the fiscal cliff issues, et cetera. let the speaker do what the speaker does best, and that's negotiate his deal. >> the other michael steele, in this town, which is to say speaker boehner, one of his spokes people, released this tidbit of information, and i stress the word tidbit because it is ever so small. discussions with the white house are taking place, but we have no detail to share about the substance of those conversations. the republican offer made last week remains a republican...